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<br />~••.~.,~-:- ~r~'ttC}3~AC. f'YI€~~iL 1+c~i~',~4Fa3CIES
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<br />~# ~©~°lr'GIAGE
<br />•T i~iS ~-~fU~TGAGF, made and executed this ..-,.-...-- .............~~ day of .~t'~rrr-~----... A.3~.,
<br />l9.-`~~-~.., between the Mortgagor, _Rager..~T,-.-Loft and Donna R. Loft husband and e:ife and Bari
<br />J.,.-.Hp:i=~tX--?~d_.i.-~=sd~..~,...~aT:aYx-,busha:~rt- and_ wife.,-..1prAl+.~y..ari~?..~a.~h..fTi.. riTei.T:. Q?~_~~1'~.~t----
<br />af _Orand..Zsland------------- County of --.-.-.---...Hal}.....-.........-, State of ..liebraskx....--.-, hereinafter referred
<br />to as the Harrower, and the Mortgagee, FIitST F~I3Ei2AL SA Jr"cNGS AND LaAN ASSflCIA'i`i41`7 OF
<br />L72dC(?LN, 1235 "N" Street, Lincoln, Nebraska &8501, its sui: a ors and assigns, hereinafter refereed to
<br />as Lender.
<br />Wa~rxf~sErt~: That the said Borrower for and in consideration of the sum of .--S~Y'I'Y-kII~_1'H~ASAND
<br />--~F14._[fITN`DRED.ANND..bto(1o0---.--°-.----°----------------~'iol:ars {US 5.--..69.,2oQ.49--.-°---......_}
<br />paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />follrsw>;ng described property located in the County a# .-......Hall--.--.,--.-__._.._._.__.., State of Nebraska:
<br />The Westerly One Half {W~} of Lot One (1? and the Westerly Sixty Six (W66) Peet of the
<br />Northerly Thirty Eight and Four Tenths {38.4) feet of Lot Thxee (3), Biock Si.x (fi),
<br />College Addition to G7est Lawn, an addition to the City of Grand Tsland, Hall County,
<br />Nehra~ka .
<br />T~ETx~ with all the improvements now or hereafter erected on the property, and all easements,
<br />rights, appurtenances, rents, royalties, mineral, ail and gas rights and profits, water, water rights, and
<br />water stack, and alI fixtures now or hereaftez attached to the property,-all of which, including nepla~-
<br />meats and additions thereto, shall be deemed to be and remain a part of the property covered by this
<br />Mortgage; and all of the foregoing, together with said property {ar the leasehold estate in the event this
<br />Mortgage is an a leasehold? are herein referred to as the "Property"
<br />Harrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will
<br />warrant and defend generally the title to the Fraperty against all claims and demands, subject io any
<br />~~~~*~ta a_nd restrictions listed. in a schedule of exceptions to coverage in any title ir~urattce policy in-
<br />~~~~ r~~;,a~~s Rter~t ;n tl3e P±~pe.~ty, n: {?) At#nrney's np~r,inn of title from ahfstrsCt of title cextifted
<br />by banded abstracter.
<br />I~ajv,1?EU ~ii.i~%nis, and 41T~ pP aF-;nom, aim e~ca ci.`,c'a ui,u d2ii.~ ~.' :;Fti :hti f ;llami:.~ ,~:::~`t..3..3, »~,Y'~-
<br />n~s ~d ghli~>irions of the ?3oxrower, to-wit:
<br />1''he Borrower egrets to I;ay to the Lender, or order, the princiial s~i of - ~:iaT'x~1~~..:ttiFr~`' i~:.-.
<br />- - - - - - - - - - -- - - - - - -_. - i -- t - -- -Q~ ~k~-- V~ -
<br />...~4 ~UHD13,.c1 1Ii~C3 ---~...._ _ .. ...-..:.. ...'."le}ol,ars (LS $. r - .......... .:.)
<br />payable as provided in a note executed and delivered, concurrently herewith, the final payment of principal,
<br />if not snonar paid, on the - ..._ First-.......... day of .......--_. -May ............._----.-., 3_2004
<br />Lzxsxoxar i^clvs.N,uvzs. Harrower and Lender covenant and agree+ as follows:
<br />1, Payment of Priatapal and bntereaL Borrower shall promptly pay when due the principal of and in-
<br />terest an the indelttedness evidenced by the Note, prepayment and late charger as provided in the Note,
<br />and file principal of and interest on any Future Advaaees secured by this :Mortgage.
<br />Z. Fuacs's-for iaxea and inav~,te. ,°-t. iibjec=t to Lender's option under paragm~hs ~ and 5 >~f, Her-
<br />rawer shall- pay to Lender an the day nu~nthly installments of principal and interest are payable under the
<br />2+lote, until the Note is paid in full, a sum lhereu, "`Funds") eslual to one-twei#th of the yearly taxes and
<br />easeststnenta which xnay attain priority over this 2t#artgage, and ground rents on the F'roparty, if any ptus
<br />one-twelfth of yearly premium ine~tailments #or hazard insurance, plus one-twelfth of yearly premium u1-
<br />atnllments far mortgage insurance, i# any, all as reasonably estimated initially and from time la tints by
<br />Lender an the basis of assessrrkaats and -bills and relasana6le estimates thereo#, Lender shall applthe Funnels
<br />--~~ -~? * ~ ~ ~~~,:=~ p-~ni ~~d d *-~*~- i~ndez sal no rfts {_ a fcu• ~w
<br />lR.+l%~ rte, a„~ ap~_:izg the Fnzids os ver..#yi~R and c^nzps~inh srnid a~e~-4ment~ gad hills: '1'Ize T~niler aIt
<br />- the- rmvrer, ~tnchotzt eha~ge, an annual aeeouatxng of-the Funds auAis=ing c~vem"ts area devia ~ z~
<br />ua~ sad tbe p3nr{xlse firer staltieh each delsit tcf the Fund was -made. The Funds are pledged as additirr»al
<br />ac~urit~ #olt the sus aecur~l flue A3artg~ge, `T7t~-Barror agt~ei+ that the_F`unds mxy he held by the
<br />:F, I,en~er and eumoumgled with ohtr fusels and tide .Lender"e-atica fnesds aatd the Lender ma pa such items
<br />_~~ #untik and t'~e i,cader shall- =11a4~.~~.ictsrea$ ur-tidt+ en stxeh_ >~tutds> -
<br />n,,.n,
<br />:= file ta~tffunt of the Fungi #izld by Le~lexy together with. t#e future monthly installrnenta of Funds
<br />~; paya}~le pror to the due dates of ;axes, sadessmeata,-iaauran~s pkussiurna end ground relents, shall e~rceeti
<br />tine ar'c vat requarad to ,may acid uses assa~u~~te, itzsorsutceiums aad ground teats as they frRl clue,
<br />• #i ex °ss shell ;be, at Bt3r€ower's optf~ eitr #s ~~ ~'rx~t3ited to -Borrower on
<br />- ~fiU~s ktily ~,'~~+c?i'i13~ntb Of Yi''i"iLCiu, if file au`tvau,i a3f tlYB ~~~ by I.endsr~hail pat be sufficient to pay
<br />' toss, tl~Ressaiests, id~uratue premiumsand grous;d x~~-a~ £l far due, B©zrower shall pay 'to Gender
<br />ani~.smount nece~tzv to make up the deficiency within tlrit~y clhys afl;er natc~ from Lcsnder to $or;owea
<br />7ei;testiag peyr.:~ t Ll~ereef, or. liutrower ~hiill, uy an i;terr-in wiarlthly i~talenents of Fv-r;ds rec}uired,
<br />- - P2~_.'9.y-file CCSl(:tCGIL;.'~ K1f.,S2"!. T+iA4' .~^. `lizllc! S4'i-'C'13i1ti.ng ~erii:ti. -
<br />Upo~r payment in full of all some securesd by thss Mortgage, Lender shall apply Funds held as a credit
<br />against. all sums dire:
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